Question

Which of the following terms is used in economics parlance to describe a person who receives the benefits of a good but avoids paying for it?

• A. Debtor
• B. Free Rider
• C. Willful Defaulter
• D. Ungrateful Beneficiary

Hint:

Public goods often suffer from free rider problem because individuals can benefit without contributing.

Answer 1

The Correct Option is B

Step 1: Recall economic terms.
- Free Rider → Consumes a good/service without paying for it
- Debtor → Owes money
- Willful Defaulter → Deliberately avoids payment of dues
- Ungrateful Beneficiary → Not an economic term